Despite Strong Economic Headwinds, Investment Activity in the Quantum Domain Remains Quite Strong
Investment into early-stage quantum computing technology has remained “very strong” this year despite the gloomy economic climate, the boss of Quantum Exponential has said… Boosted by “increasing governmental support globally” for quantum computing investments, according to Quantum Exponential CEO Steven Metcalfe.
Startup Funding for September 2020
Startup Funding: September 2020 Selected notes ~ + Quantum computing startup Seeqc raised $22.4M in Series A funding, led by EQT Ventures and joined by FAM AB, M Ventures, BlueYard Capital, New Lab Ventures, and the Partnership Fund for New York. (The M Ventures investment of $5M was announced in April.) Seeqc’s approach combines classical and quantum computing to address efficiency and stability issues. The company’s […]
UK Start-Up AegiQ Secures £1.4m to Develop Secure Quantum Communications
UK start-up AegiQ secures £1.4m to develop secure quantum communications Sheffield University spin-out lands a total of £1.4m to build its semiconductor platform for quantum telecommunications Funding is part of next-generation pilot from international telecoms giant Funding will support UK as leader in quantum-based scalable technology AegiQ, the UK quantum photonics start-up, has today [September […]